Skip to: Content
Skip to: Site Navigation
Skip to: Search
MONDAY, NOVEMBER 23, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter


10

MySpace Gives Up In Race With Facebook

Social networking leader 'is not our competition'

Share

(Newser) – MySpace has officially waved the white flag in its battle with Facebook. The company’s new CEO—ex-Facebook exec Chris DeWolfe—tells the Financial Times that the company now sees itself as more of a music and entertainment hub than a social networking site. “Facebook is not our competition,” he says. “We’re very focused on a different space.”

MySpace has seen its share of social networking traffic tumble to 30% as of September, down from 66% just a year earlier. Though it’s still one of the web’s most visited sites, boasting 100 million unique users, it is well behind Facebook’s 300 million. So rather than compare itself, MySpace is looking to capitalize on its popularity with musicians—it’s just inked a deal with iTunes allowing users to buy songs without leaving the site.

Facebook.com founder Mark Zuckerberg smiles at Facebook headquarters in Palo Alto, Calif., in this Feb. 5, 2007, file photo.
Facebook.com founder Mark Zuckerberg smiles at Facebook headquarters in Palo Alto, Calif., in this Feb. 5, 2007, file photo.   (AP Photo/Paul Sakuma)
An image advertising MySpace.com is seen projected on a screen during NewsCorp's Global Energy Initiative in New York in this May 9, 2007, file photo.
An image advertising MySpace.com is seen projected on a screen during NewsCorp's Global Energy Initiative in New York in this May 9, 2007, file photo.   (AP Photo/Mark Lennihan, file)
« Prev« Prev | Next »Next » Slideshow
OFF THE GRID
11.23.09
Books Are Bad for You
11.20.09
The Health-Care Wars Have Just Begun
10 comments
VIEWING:
 
hybrid
Oct 22, 09 11:58 AM CDT
i have never got any use out of ethier site. But newser on the other hand,,,so useful Reply
Vote up! Vote down!
0
IN RESPONSE:
cochiserocks
Oct 22, 09 12:08 PM CDT
Oh come one - I can't hear you hybrid - you seem to have your mouth full!?! ;-) But I confess I do agree - it has its uses!
Vote up! Vote down!
-1
IN RESPONSE:
hybrid
Oct 22, 09 3:01 PM CDT
mouth full indeed!
Vote up! Vote down!
0
Yourself
Oct 22, 09 12:08 PM CDT
and Facebook has been more and more of a player on the music side of things with the ability to say you're a "fan" of someone's page. Musicians will be using both, and with the MUCH larger userbase of facebook, it will just be a matter of time before it overtakes myspaces music market. Reply
Vote up! Vote down!
+2
IN RESPONSE:
Unaffiliated
Oct 22, 09 12:42 PM CDT
The main advantage that I see for myspace is the plugin for bands to stream their music online. Once Facebook adds that, I'm not sure what makes myspace the place to be anymore.
Vote up! Vote down!
+2

View all 10 comments »

LEAVE A
COMMENT Comment Policy
Facebook ConnectPost this comment to Facebook?

After connecting you will have the option to post your comment on your Facebook profile.

 

Related Newser Stories

269 Stories

WHAT'S YOUR VICE?

 Twitter = Crack, and 
 Other Web Equivalents 

YouTube is like shots of tequila; Gmail is caffeine

Nov 22, 09 1:28 PM CST
(Newser) - We all have our favorite Internet time-wasters; now, Patrick Moberg gives us their equivalents in real-world vices:
  • Twitter is crack cocaine: “Fucking ANYONE is your friend. Yuppies do it on their iPhone. Cheap. Short. Fruitless.”
  • Tumblr is a bottle of wine: “A quiet
... More »

MORE ABOUT:
YouTube • MySpace • alcohol • Facebook • wine • Gmail • tequila • crack cocaine • Twitter • Tumblr • social lubricant • huffing spray paint • caffeine pills

BIG BROTHER

Cops Use Facebook to Bust Underage Drinkers

Phony 'friend' gains access to drinking photos

Nov 19, 09 6:19 PM CST
(Newser) - Wisconsin college student Adam Bauer should represent a cautionary tale for Facebook users under 21, or otherwise on the wrong side of the law: be careful what you post, and whom you friend. Shortly after accepting a request from an unfamiliar, “good-looking girl,” Bauer was invited to the... More »

MORE ABOUT:
social networking • law enforcement • Facebook • sexual predator • underage drinking • invasion of privacy • University of Wisconsin-La Crosse

 Facebook's 
 Most Annoying 
 Parents 

Enough with the sonogram pictures and toilet training status updates

Nov 18, 09 12:12 PM CST
(Newser) - The latest annoying trend on Facebook isn’t people who write in all caps or insist on using “ur” instead of “your”—it’s parents. Babble runs down the five most annoying types:
  • Obsessives: If you absolutely have to post a sonogram picture, fine. But
... More »

MORE ABOUT:
social networking • Facebook • parents

269 Stories


Technology 
TwitterFollow @NewserTech on Twitter

 
music • social networking • MySpace • iTunes • Facebook

from our news partners